Sharemarkets certainly had a bumpy ride in 2022. A once in a century pandemic, of course. But also concern that an extraordinary period of easy money is about to come to an end, as policymakers start to wind back stimulus and normalise interest rates.

Shares delivered healthy returns last financial year, before hitting some turbulence late in the calendar year.

Today on Please Explain, senior business columnist, Stephen Bartholomeusz joins Jess Irvine to find out where are shares heading in 2022.